By selling a calculator for rs 1 thousand and rs 1,500 some loss and some profit are happened respectively if loss id thrice the profit find its cost price
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- By selling a calculator for Rs 1000 and Rs1500 some loss and some profit are happened respectively if loss is thrice the profit.Find its cost price.
Given:We are said that SP of a calculator is 1000 rupees and 1500 rupees and some loss and some profit are happened respectively and loss is thrice the profit.
To Find: Find the cost price.
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Let consider the cost price be x.
Since 1500>1000
So,when he sells a calculator at Rs1000,some loss happen when he sells a calculator at Rs 1500,some profit happened.
As we know
Now substitute the values
As we know
Now Substitute the values
Since the loss is thrice the profit
So,
So,the cost price is Rupees 1375.
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